IFC, a member of the World Bank Group, announced that it will co-host the AFRICA CEO FORUM 2020, the leading international conference dedicated to supporting private sector-led growth on the continent.
Africa Data Centres said that it has partnered with INX-ZA, a division of the Internet Service Providers’ Association (ISPA) of South Africa.
"Egypt’s decision to establish an export risk guarantee company will allow it to be a key driver in the implementation of the African Continental Free Trade Area agreement."
10 free training modules boost ability of participants to become high-powered mentors and savvy business angels; Mentor-Driven Capital has a critical role to play in supporting Africa’s entrepreneurs.
Huawei Cloud has released Kunpeng ECS (Elastic Cloud Server) cloud services and Partner Program 2.0. The Kunpeng-powered cloud services will be made available to African customers by the end of December 2019.
In a market first, fintech company Zazu Africa Limited has announced a partnership with Mastercard to issue prepaid cards linked to the Zazu app in a move that will help to reduce cash dependence and increase financial inclusion in Zambia.
In a bid to improve its operations and in compliance with presidential directive and government requirements, Kenya Electricity Transmission Company Limited, KETRACO, has digitized its procurement processes.
Greenlight Planet and Orange have partnered to provide Orange’s customers with access to clean energy solutions in several African countries.
The United States, through USAID in partnership with the Ministry of Health have announced the launch of the new USAID Digital Health Activity to continue investments in digital information solutions.
With South Africa’s know-how and experience in infrastructure development projects and Nigeria's opportunities in different parts of the chain-value, both countries can complement and learn from each other and grow their economies together.
Orange has announced the construction of a new international backbone network in West Africa.
Digital freight forwarder Saloodo, a subsidiary of DHL Global Forwarding has launched its digital logistics platform for shippers and transport providers in South Africa.
Following the attack of two vessels in the Gulf of Guinea last week, the International Transport Worker’ Federation called for urgent global and regional cooperation to fight piracy in the region.
Ecobank Transnational Incorporated has become an official Signatory to the UN Principles for Responsible Banking: a single framework for a sustainable banking industry.
The European Investment Bank (EIB) has announced a $1.1 billion lending programme to help women entrepreneurs on the continent.
Orange is partnering with itel, a mobile brand in Africa and KaiOS Technologies, maker of the leading operating system for smart feature phone KaiOS, to launch a new 4G version of the Sanza Phone.
MTN Group has that its instant messaging platform, Ayoba has reached 1 million monthly active users.
The EIB has formally agreed to support membership expansion of the African Trade Insurance Agency with a concessional financing facility to cover the shareholding of three prospective members - Cameroon, Niger and Togo.
The Port Elizabeth, Eastern Cape-based cables and transformers for electricity manufacturer, Aberdare Cables is seeking to supply Nigeria with quality cables and transformers at a competitive price.
Tizeti, West Africa’s pioneer solar-based internet service provider, has launched its 4G LTE network in Nigeria, with the plans to extend to leading cities in Nigeria and West Africa in 2020.
Vodafone International has signed a deal to acquire Vodafone Egypt International Services (VIS) platform, one of Vodafone Egypt's subsidiaries in the local market, for EGP 1bn.
Angola's fiber optics Internet connectivity provider, Angola Cables, announces a partnership with Germany-based Deutscher Commercial Internet Exchange (DE-CIX).
French oil major Total wants to sell its 12.5% stake in a deepwater oilfield off the coast of Nigeria.
Greenlight Planet partners with African telcos to reach 600 million consumers without electricity access
Greenlight Planet, a player in the rapidly expanding pay-as-you-go (PAYG) solar industry has partnered with major telecom operators in Africa.
Zambia Industrial Commercial Bank Limited (ZICB) has announced a partnership with global payments technology company Mastercard to issue Mastercard prepaid and debit business cards,
Hughes Network Systems has announced that InterSAT has selected the Hughes JUPITER™ System to power its new SkyFi satellite broadband service for consumers and SMEs in sub-Saharan Africa.
Intracom Telecom, a global telecommunication systems and solutions vendor, has announced the supply of its WiBAS™ Point-to-MultiPoint (PtMP) technology to Dark Fibre Africa.
Telecommunication company Ericsson has made successful inroads in Africa, particularly in Kenya with the continent being a key market for the company due to its innovation boom.
The People’s Republic of China has made a commitment to give the East African Community (EAC) 12 cars worth US$400,000 to be used in various capacity building programmes at the Community.
The Deputy Minister for Trade and Industry, (the dti) Ms Nomalungelo Gina officially opened the South African Pavillion at the second China International Import Expo (CIIE) in Shanghai, China.
Horn of Africa countries launch regional initiative to forge closer economic ties, strengthen political climate
Five Horn of Africa countries have launched an initiative to forge closer economic ties, building on the improving political climate in the sub-region.
A group of South African business people who are in China participating in the second CIIE are upbeat about the opportunity to showcase their products and the prospects of attracting the attention of the Chinese importers.
COMESA and Trade Mark East Africa (TMEA) have signed a Memorandum of Understanding (MoU) to promote trade in the region by removing obstacles that impede the smooth flow of trade among the Member States in the region.
The United States (US) and Kenya held the second meeting of the U.S.- Kenya Trade and Investment Working Group in Nairobi to deepen trade and investment ties between the two countries.
The Government of South Africa has launched an online pilot phase of a new business registration portal, “Biz Portal” led by the Companies and Intellectual Property Commission (CIPC).
The Director General of UNIDO and the Minister for Trade and Industry of Côte d'Ivoire exchanged letters on the commitment to mobilize a financial contribution of € 120,000 to support the programming phase of PCP for the country.
Trade between Africa and Russia has doubled in the years since the Afreximbank started engaging with the Russian Export Center to promote trade between the two sides, Bank President Prof. Benedict Oramah said.
The EXIM Bank approved a preliminary commitment of approximately $86 million to support U.S. exports of services, electrical and renewable-energy equipment in Senegal.
Governors of the AfDB representing shareholders from 80 countries approved a landmark $115 billion increase in capital.
Digital Transformation Programme for Black Industrialists will help a great deal in supporting Industrialists under the Department of Trade and Industry.
A group of South African companies will showcase their products in China when they participate in the second China International Import Expo (CIIE) that will take place in Shanghai from 5-10 November 2019.
[South Africa] Portfolio Committee on Trade and Industry approves the SACUM-UK economic partnership agreement
The Portfolio Committee on Trade and Industry has considered and approved the SACUM-UK Economic Partnership Agreement (EPA) and it will now go to the National Assembly for ratification.
Equity Bank Kenya and AGCO have signed a partnership agreement that will see their customers get up to 80 percent financing on the Massey Ferguson tractors and accompanying implements.
Luno, the global cryptocurrency platform, has announced that customers can now buy Ethereum on its exchange using Nigerian Naira.
While growth was held back in 2019, it remained generally robust and is expected to pick up to an average of 5.4% in 2020-21, according to World Bank's economic update on Madagascar.
Orange is inaugurating its new concept of a place entirely dedicated to innovation, an “Orange Digital Center”.
The government of the Democratic Republic of the Congo and the Russian company New Cloud Technologies has entered into a partnership.
South Africa and Slovakia have committed to boosting trade and investment between the two countries.
The African Development Bank and the New Development Bank have signed an agreement to promote new impact projects to improve lives of millions of Africans.
The Lord Mayor of the City of London Peter Estlin, has announced £10 million of UK Aid support towards the Catalyst Fund during a visit to Nairobi.
Standard Chartered, IFC create $1 billion facility to boost trade finance in Asia, Middle East and Africa
Standard Chartered Bank and IFC have established a $1.0 billion facility to facilitate trade finance in emerging markets, helping sustain trade flows in developing countries and narrow the gap in global trade finance.
Trade wars, protectionism, and nationalist rhetoric are combining to weave the possibility of a nightmare debt crisis that could be worse than any previously experienced.
Ethiopian Airlines has announced the resumption of its flight to Athens, Greece effective Dec 13, 2019.
Australian Government has announced some important changes in student visa application. These changes are intended at improving competitiveness of Australia's international education sector.
In pursuit of its goal to contribute to bridging the financial divide, MTN Group has granted third parties access to its Mobile Money (MoMo) Access Programming Interface (API) platform.
AfriLabs, the largest pan-African network of technology and innovation hubs has admitted 20 new hubs to its network, spreading its reach farther and wider.
Public and private financial institutions are not responding adequately to meet global energy goals as finance, particularly in Sub-Saharan Africa, remains drastically below levels needed to deliver universal access.
[Tanzania] NMB Bank partners with Mastercard to provide commercial motorcycle riders with digital payment solution
NMB Bank PLC has partnered with Mastercard to provide commercial motorcycle riders (boda-boda riders) and customers in Tanzania with a digital payment solution.
Angola becomes 8th Member State to sign Charter establishing SADC regional fisheries Monitoring Control Surveillance Coordination Centre
The Minister for Fisheries and Sea of the Republic of Angola signed the Charter establishing the SADC regional fisheries Monitoring Control Surveillance Coordination Centre (MCSCC) in Maputo, Mozambique.
The United Nations Industrial Development Organization (UNIDO) concluded a two-day workshop for its pilot phase of Quality Infrastructure for Trade Facilitation (QI4TF) e-tool in Tanzania.
Ghana Airports Company Limited has extended its agreement with SITA to manage and support all airport operations systems across Kotoka International Airport’s newly commissioned Terminal 3.
A new €81.9 million project will help more than 1 million vulnerable small-scale farmers in Chad improve their incomes and food security and boost an underperforming agricultural sector.
Spacecom, operator of the AMOS satellite fleet, and Botswana Telecommunications Corporation Limited (BTC) have announced that BTC is doubling its capacity on AMOS-7.
The African Export-Import Bank (Afreximbank) is developing an African Cotton Initiative (AFRICOTIN) to help to catalyse the African cotton sector.
Africa is a continent rich in energy resources, but poor in supply. For most Africans energy is either unaffordable, unreliable or inaccessible.
Airtel Africa and Ecobank Transnational Incorporated have partnered to allow millions of customers across Africa to improve their access to mobile financial services and carry out a variety of mobile transactions.
KnowBe4 Africa has partnered with Cyber Security Africa as its African distributor.
PayJoy Inc has launched its compatibility program for smartphone original equipment manufacturers (OEMs), starting with agreements with four key smartphone brands in emerging markets: Transsion Group.
FAO and the Netherland's Development Finance Company partner to improve agriculture financing in developing countries
FAO and FMO, the Dutch Entrepreneurial Development Bank have launched a partnership to increase investments in favor of SMEs and small-scale producers operating within the agribusiness sector in developing countries.
ASCM (the Association for Supply Chain Management) has announced it has received a grant from the Global Fund to Fight AIDS, Tuberculosis and Malaria.
Microsoft through the Cloud and AI Security Engineering team has reiterated its commitment to advocate for women with an interest in security engineering through the SheHacks annual HackFest Festival.
The Export-Import Bank of the United States (EXIM) has entered into a memorandum of understanding (MOU) with the Ministry of Economy, Planning and Cooperation of the Republic of Senegal to enhance economic cooperation between the two countries.
The African Development Bank has signed off on its €12.5 million equity investment in Adiwale Fund 1, a first-generation private equity fund targeting high growth potential Small and Medium Sized Enterprises (SMEs) in francophone West Africa.
With the introduction of e-visa service back in June 2017, Ethiopia has opened its doors for foreign visitors wider than ever before.
Andersen Global has signed a collaboration agreement with Muluh & Partners, a law firm based in Douala, Cameroon.
A 401 kWp solar system for Central University in Ghana has been inaugurated, marking an important milestone in Ghana's transition to clean energy.
Francophone Africa’s burgeoning hospitality market continues to be a critical opportunity for “global hospitality brands and investors,” says the host of the second annual bilingual FrancoReal Property Investment Forum, Kfir Rusin.
[Egypt] Afreximbank to roll out quality assurance centres to support compliance with international standards and technical regulations
Recognizing the negative impact on trade for African countries, the Afreximbank has introduced an initiative to tackle non-compliance with international standards and technical regulations.
President of the Federation of the Egyptian Chambers of Commerce (FEDCOC) Ibrahim El Arabi said the volume of investments between Egypt and Portugal amounted to more than $450 million.
Container transportation and shipping company CMA CGM will launch its new product Guinea Gulf Express (GGX) in complement to the current 6 weekly services by November 5.
The Department of Trade and Industry is currently leading a delegation of seventeen South African companies on an Outward Selling Mission to the United States of America.
Belgium national carrier Brussels Airlines is now operating seven flights per week to Kinshasa again.
RiseUp, a Cairo-based platform that connects startups to resources worldwide, has acquired StarterHub, a Middle East and North Africa (MENA) focused online startup community.
After four years of being on the market in West Africa, Boomplay Music is set to expand its services to French-speaking countries on the continent.
Mombasa is Kenya’s global gateway and plays an important role as the logistics and economic hub for East Africa. With its strategic location, the port and its infrastructure projects are attracting a lot of international investment.
Efforts to revive the country’s sluggish economy and create much-needed employment are set to receive a major shot in the arm with the launch of Mara Phone’s first cellphone manufacturing plant in South Africa.
SEACOM has partnered with Vodacom Business Africa, the enterprise-focused ICT subsidiary of the Vodacom Group, to initiate the next chapter of both companies’ African network connectivity ventures.
Joramco and Kenya Airways, the flag carrier airline of Kenya, have signed a heavy maintenance agreement for the first time to perform OOP check for six B787.
Nokia will collaborate the Addis Ababa Science and Technology University (AASTU) and the Addis Ababa Institute of Technology (AAiT), to provide training on the latest technologies and industry trends.
World Bank Country Director for Cameroon, has signed with Cameroon’s Minister of Economy, Planning and Regional Development a $200 million Development Policy Credit (DPC) which aims to strengthen fiscal sustainability.
Following the recent debut of its flagship A380 aircraft to Cairo, Emirates will introduce a regular scheduled commercial A380 service to the Egyptian capital starting from 27 October 2019, four times a week.
On-demand transportation platform Bolt has announced the appointment of Kenneth Micah as the Regional Manager for East Africa.
Advances in technology present Africa with an important opportunity for the digitalization of its civil registration and vital statistics systems through which the strategic benefits of legal identity for all can be harnessed for the continent’s development.
Westcon-Comstor Sub-Saharan Africa has announced the availability of CloudCall, which integrates the communication and collaboration features of Microsoft Teams with the advanced voice processing of AudioCodes.
Worldwide shipments of traditional PCs, comprised of desktops, notebooks, and workstations, reached 70.4 million units in the third quarter of 2019.
As African airports seek to respond to the challenges of the rapid growth in demand for air services, Airports Council International (ACI) has emphasized the importance of innovation to the sustainable growth of the sector in the region.
The availability of renewable energy sources in Africa sources is expected to drive hyperscale data center to adopt renewable energy infrastructure according to a report by Reportlinker.com.
The Radisson Hotel Group has announced the signing of its first Radisson branded hotel in the city of Tunisia, Radisson Hotel Tunis.
Sasol and Nduna Maritime have entered into a R400 million enterprise and supplier development (ESD) funding agreement through the Sasol Siyakha Trust, in South Africa’s first locally-owned maritime vessel.
Malawi receives $13.2 million for sustainable fisheries, aquaculture development and watershed management project
The African Development Bank Group has approved a $13.2 million financing package for a fisheries and aquaculture development project in Malawi.